Leisure Canada Inc. welcomes U.S. Travel to Cuba Vote
Montreal.- Leisure Canada Inc. welcomes recent developments by the United States House of Representatives about Cuba. On June 30, 2010, the House Agriculture Committee voted to pass The Travel Restriction Reform and Export Enhancement Act, which eases payment restrictions on US food sales to Cuba.
Also included in the Act is language that removes the restrictions on Americans so anyone can travel to Cuba.
"The passing of this bill would mean that any US citizen would have the right to travel to Cuba," stated Robin Conners, President and CEO of Leisure Canada Inc.
"Given the easing of sanctions against Cuba in the last year, we believe that there is a strong probability that this bill will pass in the near future. In the meantime, our plans to build the first of several luxury hotels in Cuba are progressing so we can take advantage of what we believe will be an extensive economic and tourism boom post embargo."
Leisure Canada Inc. is a publicly traded company, incorporated under the laws of Ontario and listed on the TSX Venture Exchange under the symbol "LCN". The Company is engaged in the business of developing hotel and resort properties in Cuba. (Source: Market Watch)